Clipped from: https://timesofindia.indiatimes.com/business/india-business/why-india-should-tax-firms-profiting-from-ukraine-war/articleshow/92019070.cms The story, which was first published on June 5, 2022, has been updatedThe Ukraine war caused crude oil prices to shoot up by
Month: July 2022
Low growth + high inflation + govt doing RBI’s job = recipe for crisis – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/lets-keep-gst-good-simple/articleshow/91693650.cms Many of us would recollect pre-GST days where all products would either have a price excluding local taxes or have multiple prices applicable
Why India cannot go back to ‘one nation, many taxes’ status – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/lets-keep-gst-good-simple/articleshow/91693650.cms Many of us would recollect pre-GST days where all products would either have a price excluding local taxes or have multiple prices applicable
Work needs to be done to prune GST exemption in services: Revenue Secy – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/work-needs-to-be-done-to-prune-gst-exemption-in-services-revenue-secy/article65603077.ece ‘Exemptions still remain, a large number on the services side’ Efforts are on to remove the ‘rough edges’ in Goods and Services Tax
Government notifies procedural changes in GST rules | The Financial Express
Clipped from: https://www.financialexpress.com/economy/government-notifies-procedural-changes-in-gst-rules/2584886/ The changes were vetted by the Goods and Services Tax (GST) Council at its meeting last week. With the amendments notified by the
ITR Filing 2022 Due Date: Last Date to file Income Tax Return for Individuals, HUF, Firms, Late Fee Explained | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/itr-filing-due-date-2022-last-date-to-file-income-tax-return-for-individuals-huf-firms-late-fee-explained/2584662/ Income Tax Return (ITR) filing due date 2022 is near. It is important for every taxpayer to file their ITR before the last
73% of office occupiers in India considering hybrid working model: CBRE survey | The Financial Express
Clipped from: https://www.financialexpress.com/money/73-of-office-occupiers-in-india-considering-hybrid-working-model-cbre-survey/2584723/ Occupiers are eyeing sustainability and wellness as part of their strategy to expedite return to office as ESG principles gain momentum. 52% of
Insolvency and Bankruptcy Board of India: Tale of misconduct, indifference: why aggrieved homebuyers went against one resolution professional – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/tale-of-misconduct-indifference-why-aggrieved-homebuyers-went-against-one-resolution-professional/primearticleshow/92685605.cms SynopsisAfter due investigation, Insolvency and Bankruptcy Board of India (IBBI) suspended resolution professional Yogesh Kumar Gupta for three years. Already waiting to get
Oil plummets below $100 as recession risks come to forefront – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/commodities/news/oil-plummets-below-100-as-recession-risks-come-to-forefront/articleshow/92684009.cmsSynopsisOil was pressured in a low liquidity session on Tuesday as equities fell and the dollar surged, making commodities priced in the currency
Oil may potentially fall to $45 a barrel by 2023-end: Citi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/commodities/news/oil-may-potentially-fall-to-45-a-barrel-by-2023-end-citi/articleshow/92672571.cms Synopsis The foreign brokerage sees Brent at $99 per barrel in the third quarter of calendar 2022 and at $85 a barrel in
Tax dept will not pay you income tax refund of this amount – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/tax-dept-will-not-pay-you-income-tax-refund-of-this-amount/articleshow/92274882.cms Synopsis In case, there is an income tax refund due to you as per the income tax department’s calculations, it typically gets credited
Banking Frauds: Types of Banking Frauds, How to keep your money safe? Check here
Clipped from: https://economictimes.indiatimes.com/wealth/save/a-new-kind-of-banking-related-fraud-is-becoming-prevalent-heres-how-to-keep-your-money-safe/articleshow/92691383.cms Synopsis ICICI Bank issued an email to its customers to highlight a new kind of financial fraud that is becoming more widespread. Bank
Government of India must heave-ho, make exports flow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/government-of-india-must-heave-ho-make-exports-flow/articleshow/92685325.cms Synopsis Immediate policy responses will react to a rapidly evolving external environment. But the government would do well to use this opportunity to
*Further pruning of services exemption on card: Revenue Secretary – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/further-pruning-of-services-exemption-on-card-revenue-secretary/article65602836.ece ‘ZERO’ rating for healthcare not possible, says Tarun Bajaj Revenue Secretary Tarun Bajaj on Tuesday said that further pruning of exemption list for
*Crude solution – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/its-important-that-the-centre-keep-its-word-on-the-temporary-nature-of-the-windfall-profits-and-export-tax-on-fuels/article65602617.ece It’s important that the Centre keep its word on the temporary nature of the windfall profits and export tax on fuels Extraordinary times
*****Inflation has a role in higher GST collection, says Revenue Secretary Tarun Bajaj – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/inflation-has-a-role-in-higher-collection-says-revenue-secretary-tarun-bajaj/article65603064.ece Inflation affects prices of both inputs and outputs: CBIC Chairman Johri Revenue Secretary Tarun Bajaj on Tuesday acknowledged that inflation has contributed in
*****Strong dollar and its implication for India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-strong-dollar-and-its-implication-for-india/article65601882.ece Three macro-economic developments have propelled the Dollar Index upwards Why is the US dollar strengthening? The US Dollar Index, which measures the greenback’s
*****Why did the RBI crackdown on BNPL companies? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/why-did-the-rbi-crackdown-on-bnpl-companies/article65602974.ece Sources say they misled customers by not disclosing loans taken in the customer’s name Industry insiders say many ‘buy now, pay later’ (BNPL)
Phishing in troubled waters? Take cover in cyber liability, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/be-wary-of-those-phishing-in-troubled-waters-take-cover-in-cyber-liability-122070501200_1.html Protect family’s data, finances; consider floater cover as well Experts suggest buying cyber insurance cover, especially for those working from home (WFH). Since
How to generate or reset your ATM Card’s PIN? Check different ways | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/how-to-generate-or-reset-your-atm-card-s-pin-check-different-ways-122070501321_1.html Forgot your ATM pin? Check out details to reset or regenerate your ATM pin and how to protect yourself from ATM fraud An
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